Uber dumps its entire stake in Serve Robotics

NewsWed, 12 Aug 2026 19:55:47 UTC3 hours ago
Uber dumps its entire stake in Serve Robotics

Uber has sold all its shares in Serve Robotics, the sidewalk delivery robot company it spun out five years ago.ย 

Serve only learned about the sale when the regulatory filing became public.ย 

Regulatory filing details Uberโ€™s Serve divestment

Uber revealed the sale in a regulatory filing last week. The document shows the sale happened between April 1 and June 30, 2026.ย 

At the end of March, Uber still owned over 2 million Serve shares worth $17.5 million, according to reports, but it now holds none.

The decision was not sudden. Uber had been reducing its stake since early 2025. Its latest filing shows Uber bought Rivian and Lucid stock during the same period and invested more in robotaxi projects. Uber disclosed 15.2% beneficial ownership as of May 2024, prior to the sale.

A source revealed that Serve only found out about the final sale when it was officially announced.

Serve loses Uber Eats order flow

Losing the equity was likely less important than losing order flow from Uber Eats, which Serve never controlled.

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